Norstrats
  • News
  • Business
  • Entertainment
    • Gaming
    • Music
    • Sports
  • Lifestyle
    • Health
    • Fashion
    • Food
    • Fitness
  • Tech
    • App & Software
    • Digital Marketing
    • Gadget
    • PC & Mobile
    • Social Media
  • Education
No Result
View All Result
Norstrats
  • News
  • Business
  • Entertainment
    • Gaming
    • Music
    • Sports
  • Lifestyle
    • Health
    • Fashion
    • Food
    • Fitness
  • Tech
    • App & Software
    • Digital Marketing
    • Gadget
    • PC & Mobile
    • Social Media
  • Education
No Result
View All Result
Norstrats
No Result
View All Result

John Fetterman suggests failed Silicon Valley Bank executives should have the same work requirements ‘Republicans want’ for families receiving food stamps

Ruchir by Ruchir
2 years ago
in News
0
John Fetterman suggests failed Silicon Valley Bank executives should have the same work requirements ‘Republicans want’ for families receiving food stamps

John Fetterman.

John Fetterman.Alex Wong/Getty Images

  • Sen. John Fetterman grilled failed banking execs at a Tuesday Senate Banking Committee hearing.

  • He said the GOP is “preoccupied” with spending on food stamps rather than bail-out funds.

  • He suggested that bailed-out bankers should have work requirements like families on food stamps.

At a Tuesday Senate Banking Committee hearing, Senator John Fetterman took aim at the GOP and failed banking executives while suggesting business officials bailed out by the government should face work requirements.

As he questioned former CEO of Silicon Valley Bank, Gregory Becker, and the former chair and president of Signature Bank, Scott Shay and Eric Howell, about their banks’ failings in March, Fetterman said the GOP seems “more preoccupied” with federal spending on families on food stamps than it is with bail-out funds.

As part of the debt ceiling bill the House GOP passed last month, Republicans proposed increased work requirements for the Supplemental Nutrition Assistance Program (SNAP), which offers a monthly stipend to buy food for millions of families nationwide.

“The Republicans want to give a work requirement for SNAP. A hungry family has to have these kind of penalties and same kinds of working requirements,” Fetterman said. “Shouldn’t you have a working requirement after we’ve spent billions on your bank?”

The executives did not respond to Fetterman’s question. After Fetterman finished, Sen. Sherrod Brown, the chair of the committee, quipped that he “didn’t see an eagerness” among the panelists to answer the pointed questions, The Hill reported.

Representatives for Fetterman did not immediately respond to Insider’s request for comment.

Read the original article on Business Insider

[ad_2]

Source link

Previous Post

No one knew a US aircraft carrier water tank had jet fuel in it until the unaware crew hooked it up to the drinking water system, Navy report finds

Next Post

Court rejects Elizabeth Holmes’ motion to stay out of prison while on appeal

Next Post
Court rejects Elizabeth Holmes’ motion to stay out of prison while on appeal

Court rejects Elizabeth Holmes' motion to stay out of prison while on appeal

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Recent Posts

  • Enhancing Smiles And Health: The Benefits Of Family And Cosmetic Dentistry May 27, 2025
  • What To Expect During Your Pet’s First Visit To The Animal Clinic May 26, 2025
  • The Role Of Digital Impressions In Modern General Dentistry May 25, 2025
  • The Role Of A CPA In Tax Planning And Preparation May 22, 2025
  • How General Dentists Help Prevent And Treat Gum Disease May 22, 2025

Follow Us

Popular Posts

Plugin Install : Popular Post Widget need JNews - View Counter to be installed

About Us

NorStrats

Norstrat is a global integrated communications company that provides various services such as digital marketing, social media marketing, and business.

Contact Us: admin@norstrats.net

Menu

  • Pet
  • Real Estate
  • Tip & Trick
  • How-to
  • F95zoneus

Recent News

Dentistry

Enhancing Smiles And Health: The Benefits Of Family And Cosmetic Dentistry

May 27, 2025
Pet

What To Expect During Your Pet’s First Visit To The Animal Clinic

May 26, 2025
  • About Us
  • Contact US
  • Terms
  • Privacy Policy

© 2022 NorStrats. Design & Developed by F95 zone

No Result
View All Result
  • News
  • Business
  • Entertainment
    • Gaming
    • Music
    • Sports
  • Lifestyle
    • Health
    • Fashion
    • Food
    • Fitness
  • Tech
    • App & Software
    • Digital Marketing
    • Gadget
    • PC & Mobile
    • Social Media
  • Education

© 2022 NorStrats. Design & Developed by F95 zone

error: Content is protected !!
Go to mobile version